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President Barack Obama announces the nomination of former Ohio Attorney General Richard Cordray, right, as the first director of the Consumer Financial Protection Bureau (CFPB) during a statement in the Rose Garden of the White House, July 18, 2011. At le
The first time President Obama nominated Richard Cordray to the CFPB, July 18, 2011.
President Obama has renominated Richard Cordray to lead the Consumer Financial Protection Bureau, a nomination that Republicans again have vowed to block not because they have a problem with Cordray, but because they have a problem with the law the created the agency. They refuse to follow the normal legislative process for changing that law, so they're blowing up the Senate, instead. In return, Sens. Jack Reed (D-RI), Sherrod Brown (D-OH), and Elizabeth Warren (D-MA) held a press conference Wednesday, demanding a majority vote for Cordray.
“Every year, hard-working American families lose millions of dollars to deceptive financial practices like hidden fees and predatory lending. The CFPB is there to help keep families from getting scammed. They are shining a spotlight on predatory loan practices and products—bringing them into the light, where they can be seen and stopped.  We must not let opponents of Wall Street reform turn back the clock on consumer protection. [...]” said Senator Reed.

“The Consumer Financial Protection Bureau stands up for average Americans,” Senator Brown said. “And yet, Wall Street special interests and their allies in Congress have repeatedly refused to approve anyone to serve as the Director unless the agency’s authority is watered down. The American people are fed up with the obstructionism in Washington. We need to protect this agency that protects American families.”

“Under the leadership of Director Cordray, the CFPB has been making a real difference for hard working families everywhere. After two years, it is time for the Senate to give Rich Cordray a vote—up or down—and remove the uncertainty that is costly to families, to community banks and credit unions, and to everyone in financial services.” said Senator Warren. “Political stalemates don’t end in more government or less government, but in bad government—government that lacks the clarity and predictability that our businesses need to plan for the future, to serve their customers, and to create jobs.”

This comes with an announcement Wednesday from the CFPB that they were taking further efforts to work with financial institutions to make sure new mortage regulations are "understood, applied, and carried out evenly and effectively." That's what Republicans, on behalf of Wall Street, are fighting. They don't think consumers deserve an even playing field, particularly if it's going to eat into profits for the big banks. That's why they are stretching even their own limits of obstruction.

This is precisely the kind of action the filibuster reform agreement was supposed to put an end to. Senate Republicans are thumbing their noses at that agreement, at Harry Reid, and at the institution. The obvious response is for Reid to use his power to change the rules mid-session. Please sign our petition to Harry Reid, urging him to act on real filibuster reform.

Originally posted to Joan McCarter on Wed Feb 13, 2013 at 02:13 PM PST.

Also republished by Daily Kos.

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Comment Preferences

  •  use emergency nuclear option (10+ / 0-)

    or something.

    enough of the filibuster's monsters hurting us hardworking people.

    Let's keep building up left pressure and organizing.

    we should tell elizabeth warren to talk to reid even.

  •  We were right . . . (11+ / 0-)

    . . . and Harry Reid was wrong.

    Period.

    The filibuster is a crime against democracy.

    by schuylkill on Wed Feb 13, 2013 at 02:58:30 PM PST

  •  Kind of makes you wonder if Lyndon Johnson (3+ / 0-)

    were Senate Majority Leader and not Harry Reid whether our caucus, and the body in which they preside, would be so dysfunctional.

    "And now we know that government by organized money is just as dangerous as government by organized mob." -- FDR

    by Mogolori on Wed Feb 13, 2013 at 03:02:23 PM PST

  •  Are majority votes allowed in the Senate anymore? (2+ / 0-)
    Recommended by:
    Dallasdoc, ferg

    This is really becoming ridiculous.

  •  Time for a court case (5+ / 0-)

    The filibuster is unconstitutional.  It violates the majority vote rule as set down in Article I.

    Of course, is there a fifth vote on the Supreme Court to actually defend the Constitution?

    •  To anwer your question - NO (1+ / 0-)
      Recommended by:
      Wednesday Bizzare

      "We have always known that heedless self-interest was bad morals, now we know that it is bad economics." Franklin Delano Roosevelt, Jan. 20, 1937

      by Navy Vet Terp on Wed Feb 13, 2013 at 04:22:04 PM PST

      [ Parent ]

    •  51 Senators could fix this at any time (5+ / 0-)

      there's no need for a court case.

      If 51 Senators vote to confirm, the nomination is approved.

      •  Ferg, Wrong, Thanks to Harry.... (0+ / 0-)

        And ONLY Harry..

        Takes a Democrat with a brain in charge of the Senate, and we don 't have that.

        McConnell is fillibustering, so it takes 60 to get a vote,

        Or 1 to hold and "We don't want to change the rules"

        Until Jan. 5 2015 when the Republicans do when they retake the majority.

    •  SCOTUS may well defer, as a "political question." (2+ / 0-)
      Recommended by:
      judyms9, WillR

      The Courts have held - some of them, some of the time - that they would not interfere with the workings of governance the Constitution entrusts solely to one branch of government (subject to larger Constitutional questions of rights and power).

      Application of this doctrine is discretionary with the courts, a matter of judicial restraint rather than a hard core black-and-white question of jurisdiction. (Armando, Kos's expert on the political question doctrine, would describe it better and may come out differently.)

      I cannot think of an issue more suitable for judicial deference than the procedure one house of Congress has chosen to apply to itself ... especially where leaders of both parties have agreed to keep it on the books.

      Sorry reformers, but Harry needs to do this, or step down in favor of a Democrat who will. Hopefully, well before we again become the minority in the Senate.

      2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

      by TRPChicago on Wed Feb 13, 2013 at 04:26:01 PM PST

      [ Parent ]

  •  Why not petition (1+ / 0-)
    Recommended by:
    Gentle Giant

    the 7 Senators who prevented Harry from getting the 50 votes needed?  Or why not all the Dem Senators, let the ones who were pushing real reform to know the people are still behind them.

    •  Reid himself was against reform. (2+ / 0-)
      Recommended by:
      alice kleeman, Losty

      Which is why he didn't get the votes to pass it. Someone with his power can muster one vote if he wants something bad enough.

      “Security is mostly a superstition. It does not exist in nature, nor do the children of men experience it as a whole. Life is either a daring adventure, or nothing.” - Helen Keller

      by Jason Hackman on Wed Feb 13, 2013 at 04:26:41 PM PST

      [ Parent ]

    •  I suspect the Senators know, but they're not ... (3+ / 0-)
      Recommended by:
      ferg, judyms9, alice kleeman

      ... telling us, nor are they going to cross Harry or "out" their colleagues. That would be to no avail.

      And I'm personally convinced Jason is correct. Harry Reid, despite what he said publicly, was against the talking filibuster and other reforms. His leadership team backed him: Chuck Schumer helped Harry bargain the deal and Dick Durbin held Harry's coat.

      If the Majority Leader of the US Senate wants his Senators to change some procedural rules, he can get 'em to do it. On the other hand, if he's powerless to marshal enough votes to push the Democratic agenda through, well, he looks a lot like John Boehner in "the lower House."

      Bottom line: the Senate ain't ready for reform.
      Shame on all of them.

      2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

      by TRPChicago on Wed Feb 13, 2013 at 04:35:46 PM PST

      [ Parent ]

    •  No Vote, It's Harry First.. (0+ / 0-)

      What is so hard to understand??

      Up or Down Vote!

  •  Some of the blame for the continuation of (2+ / 0-)
    Recommended by:
    Cat Servant, alice kleeman

    GOP shenanigans lies with american citizens. If the majority of us was politically astute, gave a shit about politics and paid freaking attention to what our public servants do and how and why they do it, this "malarkey" would stop. There would be far fewer conservative republicans in the economic middle and lower classes as they'd realize their needs aren't being met and they've been conned. There would be no rightwing majority in the House. Daisies would sing in the sunshine and unicorns would fart rainbows.
    Okay, so I made the last two up. But it is the ignorance of the majority of voters that facilitated the sale of our democracy to the highest bidders. There ought to be a law.

    I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I’m proud of it. - Paul Krugman

    by Gentle Giant on Wed Feb 13, 2013 at 04:13:39 PM PST

  •  Reed? Demand? (1+ / 0-)
    Recommended by:
    Gentle Giant

    Hasn't anyone figured out that name doesn't go with that word!

    Already know that those who continue bashing Obama hadn't figured it out yet because he, and some with same, have that (D) after their names and like those still using the (R), even though that doesn't exist, that's all that matters, so it's the top guy that gets blamed!!

    Vets On FLOTUS and SLOTUS, "Best - Ever": "We haven't had this kind of visibility from the White House—ever." Joyce Raezer - Dec. 30, 2011

    by jimstaro on Wed Feb 13, 2013 at 04:16:04 PM PST

  •  Halle-fuckin'-luia (1+ / 0-)
    Recommended by:
    dougdilg

    About time. Cordray is the best secret weapon we have against fraud and scams perpetrated on ordinary people by giant corporations. As Ohio attorney general and even before that as treasurer, he worked his ass off against these giants that were ripping off people and won some great victories. The Republicans are scared shitless of him because, although he's mild-mannered and seems bland, he is EFFECTIVE. The best thing the Senate can do for the 99% is confirm him.

    Thanks, Sherrod — and we had a great experience in your office today, lobbying on ENDA. Your staff is great.

    Jon Husted is a dick.

    by anastasia p on Wed Feb 13, 2013 at 04:16:15 PM PST

  •  I understand how Liz Warren was elected in my new (5+ / 0-)

    adoptive commonwealth (God save it, as Charlie Pierce  invariably prays) and Reed in R.I. But how in hell did Sherrod Brown, as truly progressive as he appears to be,  get elected and then RE-elected in Ohio?  If Hilary and Uncle Joe decide to pass on 2016, let me be the first to suggest a movement to draft Mr. Brown for the nomination.  The man must certainly know how to campaign.  

    •  Sherrod Brown has a great record to run on- (3+ / 0-)
      Recommended by:
      judyms9, Cat Servant, binkycat

      a record of championing the little guy. And his adversaries were dickish beyond comprehension. He's one tough SOB, too.

      I also like Richardson (NM?), but he seems to be content not to vie for the Oval Office. He seems to not want it at all.

      I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I’m proud of it. - Paul Krugman

      by Gentle Giant on Wed Feb 13, 2013 at 04:27:04 PM PST

      [ Parent ]

      •  Sherrod Brown is a great campaigner (2+ / 0-)
        Recommended by:
        judyms9, binkycat

        with an unfaked concern for real people and an ability to talk to them and listen to them. He works hard to stay in touch with his constituents and to fight for regular working people.

        Also, he was running against Josh "The Empty Suit" Mandel, a despicable, unprincipled, arrogant candidate who lied his way through the campaign to a point where even our state's most conservative papers called him out. This little slimebag, whose unbridled ambition is completely untethered to any qualifications, now appears to be positioning himself to the far right of the state GOP. The other day he publicly urged the legislature to reject out governor's decision to accept the Medicaid expansion (one of the few sensible things Taxin' John Kasich has done), keeping himself in the headlines for what we don't know. Primary Kasich? Primary Portman? No choice Democrat targets are coming up for years, and The Empty Suit is a young man in a hurry to the White House.

        Jon Husted is a dick.

        by anastasia p on Wed Feb 13, 2013 at 04:32:39 PM PST

        [ Parent ]

  •  remember what2give them,Harry?/Hell?!! (0+ / 0-)

    clime parches on. terms: ocean rise, weather re-patterning, storm pathology, drout-famine, acceptance of nature.

    by renzo capetti on Wed Feb 13, 2013 at 04:22:06 PM PST

  •  Didn't take long to make Reed look like a fool (2+ / 0-)
    Recommended by:
    PorridgeGun, alice kleeman

    A couple of weeks. Woocoodanode?

    “Americans are fighters. We're tough, resourceful and creative, and if we have the chance to fight on a level playing field, where everyone pays a fair share and everyone has a real shot, then no one - no one - can stop us. ”-- Elizabeth Warren

    by Positronicus on Wed Feb 13, 2013 at 04:24:09 PM PST

  •  Harry Reed Choose to Continue Minority Rule (4+ / 0-)
    Recommended by:
    judyms9, Losty, PorridgeGun, alice kleeman

    Our nation continues to be ruled by the minority party thanks to Reed choosing over and over again to hand over his power to run the Senate to the Republicans. If the majority party chooses to vote themselves out of power, as they have over and over with their Senate rules that hands over all power to the minority then what purpose do our elections serve?

    I can only conclude that the Democrats prefer to have the Republicans to blame because it offers a smokescreen for the fact that they have no intention of passing many of the things they claim to want to pass. Between the Electoral College, Gerrymandered Districts, and the Filibuster, America has allowed itself to become a nation in which the few dictate to the many.

    •  You have your Jack Reed/Harry Reid mixed up. (0+ / 0-)

      And ... it isn't "America" who allowed anything on the filibuster. It's the US Senate (beginning, arguably, with a threat in 1837) and, as far as we're concerned, the Democratic leadership in the Senate in 2011 and again this year.

      Gerrymandering has been around - on a bi-partisan basis - since 1812. The Electoral College was created by the Founders in Article II, Section 1 of the Constitution. I'm not defending any of these, just pointing out that they are durable, having withstood the tests of time, survived many attempts to "reform" them and became embedded in political procedure.

      Now, who knows what Harry Reid's motivations were in not attacking the filibuster rules and demanding a return to the "talking filibuster" and more severely and by rule cutting back the use of the filibuster. He relinquished his claim to leadership when he admitted (after the fact) that he "personally" did not support the talking filibuster. Had he and his leadership team voted for reform, that would have been four more votes in favor. But the senior Senators had their way with what appears little - if any - resistance from Harry.

      We will pay for his fumble error in judgment deliberately thrown interception for the next two years.

      2014 IS COMING. Build up the Senate. Win back the House : 17 seats. Plus!

      by TRPChicago on Wed Feb 13, 2013 at 08:21:30 PM PST

      [ Parent ]

  •  Filibuster reform and Cordray too, please. (0+ / 0-)
  •  Wait. What? (0+ / 0-)
    The obvious response is for Reid to use his power to change the rules mid-session.
    The obvious response is for Reid to do nothing.

    The if-I-had-a-backbone response is for Reid to invoke the nuclear option.

    So he will do nothing.

  •  And we'd already have filibuster reform (0+ / 0-)

    if not for the craven, self-serving senate majority leader we do have.  What a @#%^# waste of time.  Might as well have Sharron Angle in the senate.

  •  More proofreading please... (0+ / 0-)

    "they have a problem with the law the created the agency."

    -_-

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